The changes will apply across its 65%, 75% and 80% loan-to-value (LTV) products.

Notable reductions include the 2-year fixed rate mortgage, reduced to 1.59% from 1.97% at 65% LTV, which comes with a £995 fee and free standard valuation.

Accord’s 3-year fixed rate mortgage has been reduced to 1.78% from 2.01% at 75% LTV, with a £1,495 fee, free standard valuation and £300 cashback

For landlords purchasing a new property and requiring 80% LTV, Accord will also offer a 2-year fix of 3.12% (was 3.42%), which comes with a £995 fee, free standard valuation and £250 cashback.

Simon Garner, buy-to-let mortgage manager at Accord Mortgages, said: “We’re confident this new range will be welcomed by brokers looking to offer their landlord clients better value, with reduced rates and a range of incentives including cashback, remortgage legal services and free standard valuation.”